Azerbaijan’s state oil company Socar will lower pump prices across its Italian stations, following a similar pledge from Eni and easing pressure on Prime Minister Meloni’s coalition, which had been considering a windfall tax on energy firms ahead of the next election. Foreign Minister Antonio Tajani said the move will be implemented nationwide and framed it as a voluntary contribution to help Italians, not a top-down mandate or a new tax; he had earlier urged Socar president Rovshan Najaf to act

2026-09-28

Azerbaijan’s state oil company Socar will lower pump prices across its Italian stations, following a similar pledge from Eni and easing pressure on Prime Minister Meloni’s coalition, which had been considering a windfall tax on energy firms ahead of the next election. Foreign Minister Antonio Tajani said the move will be implemented nationwide and framed it as a voluntary contribution to help Italians, not a top-down mandate or a new tax; he had earlier urged Socar president Rovshan Najaf to act.